Why is Aryaman Capital falling/rising?

As of 19-Sep, Aryaman Capital Markets Ltd is experiencing a price increase, currently at Rs 569.15, reflecting a rise of Rs 13.15 or 2.37%. The stock has shown strong performance recently, gaining 9.58% over the last three days and outperforming its sector by 2.52% today. It opened with a significant gain of 4.86% and reached an intraday high of Rs 583. However, it also touched a low of Rs 530, indicating some volatility. Despite this, the stock has demonstrated impressive returns over various periods, including a year-to-date increase of 165.96% and a staggering 1271.45% over the last three years. Notably, there has been a decline in investor participation, with delivery volume dropping by 89.41% against the five-day average, which could be a concern for future price stability.
In the broader market context, Aryaman Capital's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.88% over the past week compared to the stock's 3.28% rise. This trend continues over the last month, where the stock's 10.70% increase stands in contrast to the Sensex's 1.20% gain. The stock's strong performance relative to the benchmark indicates robust investor interest, despite the noted decrease in delivery volume. Overall, while the stock is currently rising, the falling investor participation could pose challenges ahead.